re would you estimate the equilibrium price was during the price-fixing schemes (at 10 percent below the list or “book” price? 30 percent? 60 percent?…

  1. Where would you estimate the equilibrium price was during the price-fixing schemes (at 10 percent below the list or “book” price? 30 percent? 60 percent?). Identify the conditions within GE and within the industry which encouraged the price-fixing schemes.